Oppenheimer's John Stoltzfus sees a more measured climb for stocks to end the year after the recent selloff set equities back.
Oppenheimer's chief investment strategist John Stoltzfus lowered his price target for the S&P 500 to 4,900 from 4,400. Stoltzfus had held the highest year-end target for the S&P 500 among strategists tracked by Yahoo Finance.
A trader works on the floor at the New York Stock Exchange in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid In the restaurant industry, stability is critical.So when David Ferguson noticed an unexpected $200 charge on his credit card bill from the tech company he uses to help manage his business, he figured it was an accounting mistake.Ferguson is the chef and owner at Gus, a small restaurant in Montreal's Petite-Patrie neighbourhood.He started using Lightspeed, a publicly traded Canadian point-of-sale supplier, about four years ago.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street Cuts S&P 500 Expectations as Geopolitical Risk RisesA Federal Reserve pause, seasonal tailwinds, an earnings-led rally. Many of the reasons that got Wall Street strategists increasingly bullish coming into the end of the year now look like wishful thinking.
Read more »
Profit Cuts Signal More Bad News for S&P 500 After October SlumpA deteriorating outlook for corporate earnings offers little support for the S&P 500 reeling from its worst October since 2018.
Read more »
Profit Cuts Signal More Bad News for S&P 500 After October SlumpThe S&P 500 faces more bad news as profit cuts are announced following a slump in October.
Read more »
Gold SWOT: Year-to-date, gold is beating the S&P 500 IndexCommentaries from industry expert Frank Holmes focusing on gold price movements, what's moving markets and what to expect in the metals sector.
Read more »
S&P 500 Extends Slide, Israel Ground War Expands, Blue-Chip Borrowers Rush to Issue DebtThe S&P 500 continues to decline, Israel's ground war expands, and blue-chip borrowers rush to issue debt ahead of the Fed meeting.
Read more »
S&P 500 Extends Slide, Israel Ground War Expands, Blue-Chip Borrowers Rush to Issue DebtThe S&P 500 continues to decline, Israel's ground war expands, and blue-chip borrowers rush to issue debt ahead of the Fed meeting.
Read more »